Unemployment to hit 13% amid calls for permanent JobSeeker increase The Treasury has forecast effective unemployment will increase to more than 13% during the September quarter. By Alex Brewster ● August 24, 2020
PM considering boost to age pension despite deflation Prime Minister Scott Morrison has hinted at further support for age pensioners. By Alex Brewster ● August 20, 2020
Young people overtake Boomers for reported cases of identity theft Australians aged between 25 and 44 have overtaken retirees and the elderly for reported cases of identity theft. By Alex Brewster ● August 19, 2020
Four in 10 Aussies who withdrew super early experienced no drop in income The second stage of early superannuation withdrawals is continuing to drive a spending boom, with new data showing many Australians are using the money for non-essential purposes. By Emma Duffy ● August 17, 2020
Unemployment marginally increases as job market recovers in July Australia's unemployment rate has increased from 7.4% to 7.5% in July, seasonally adjusted. By Alex Brewster ● August 13, 2020
'Fear of the unknown' as consumer confidence collapses The latest Westpac-Melbourne Institute consumer confidence index fell to 79.5 in August after experiencing a bounce-back in July. By Harrison Astbury ● August 12, 2020
COVID-19 sees lowest ever wages growth recorded in June quarter Wages in Australia grew 0.2% in the June quarter and 1.8% through the year, seasonally adjusted. By Alex Brewster ● August 12, 2020
CBA full-year results: Loan deferrals falling, cash deposits rising Commonwealth Bank is the first of the big banks to release its full-year results for 2020, in an announcement chock full of COVID-19 references. By William Jolly ● August 12, 2020
International fintech Revolut launches in Australia today Global financial platform Revolut has officially become available to Australian customers. By William Jolly ● August 11, 2020
Teens out of work and out of money during COVID-19 A new survey has revealed teenagers have lost their jobs, pocket money and even their phones as a result of COVID-19. By Alex Brewster ● August 11, 2020